Family office
Family businesses increasingly transform into families in business through strategic shifts, the sale of a business or diversification. As they continue to work together beyond these evolutions, family owners face challenges both on the family and the business side. The entrepreneurial spirit of family businesses often survives a liquidity event and many families continue to work together as asset operators vs asset owners.
Across its member associations, FBN gathers circles of business families who are considering, are in the process of or have established family offices to learn and exchange among peers, discussing both the family and the business sides of a family office.
- The family side of family office: succession planning, education of the Next Gen, family cohesion, entrepreneurial spirit, family compensation, philanthropy, concierge services, etc
- The Business side of family office: wealth planning and management, diversification, active investing, non-family talent, impact investment
Susana Gallardo
PRESIDENT OF THE GALLARDO FAMILY GROUP BOARD, G3, FAMILY OFFICE CO-CHAIR
Since November 2020, Susana Gallardo has chaired the family council of Landon Grupo Corporativo. Landon Grupo Corporativo is active in real estate, private equity and other financial investments, in addition to its controlling interests in Almirall (pharmaceutical company) and Goodgrower (which manages the second largest group of private hospitals in Spain). She holds a BSc degree in economics and politics from Oxford Polytechnic and graduated from City of London Polytechnic and IESE Business School (Advance Management Program)
She is a member of the Unibail-Rodamco-Westfield Supervisory Board since November 10, 2020 and a member of its Governance and Nomination Committee since November 13, 2020, which was merged into the Governance, Nomination and Remuneration Committee on January 1, 2021. She was previously a director of Abertis and Vice-President of Pronovias. From 2007 until 2014, she sat on the Board of Directors of CaixaBank (LaCaixa Group), where she was Chairman of the Appointments and Remuneration Committee. Before that, Mrs Gallardo was also a Director of Criteria Caixa and Chairman of the Audit Committee.
Alexander Scott
APPLERIGG, UK - G4, FBN TREASURER, FAMILY OFFICE CO-CHAIR
A fourth-generation family business owner, leader and strategist, Alex is Chairman of Applerigg, a private, family-owned business built on the foundations of a financial services group established by his great-grandfather in 1903. Following his leadership of the sale of Provincial Insurance Group in 1994, Alex founded the first of the Applerigg group portfolio companies: Sandaire, an international multi-family investment office, later joined by Yealand Administration, a funds administration company; Mount Kendal, a real estate investment advisor; and Horizons, a contemporary network and learning environment for the leaders of tomorrow.
He is a Non-Executive Director of his family’s investment holding company, as well as of several private companies. Alex is a Trustee of the Grosvenor Estate, and chairs the Grosvenor Pension Plan and Wheatsheaf Group. He is a member of the Board of the Family Business Network International, co-founded and is a Life President of the Institute for Family Business (UK) and has served as a Director of the Family Firm Institute Inc. He is a Trustee of the Francis C Scott Charitable Trust, a Fellow of the Royal Society of Arts and a Patron of Tomorrow’s Company. Alex graduated from Exeter College, Oxford with an MA in Philosophy, Politics & Economics and holds an MBA from IMD, Lausanne.
